I don't know about downhill. Probably just stuck. If it's true that ideas and strategy and better training/preparation etc. can overcome the money (in a league sense -- not in a single 90 minute game) then we should hopefully start to see some dividends next year.
I don't doubt we are a better club to watch (and it feels like we are a better club overall than we have been lately) but in reality we are going to finish in our usual range. I am WAY less into the idea of beating other top 7 clubs than most people -- one game can lie; the league doesn't lie. We are at the bottom of the top 7 now (albeit with a game in hand) despite our
(unquestionably) better than Moyes performances v. the rest of the top 7.
Progress for me isn't so much about beating some other top 7 club -- it's more about being ruthlessly efficient against the bottom 13. You'll always have an upset or two ... but we have an upset or ten every year. That's what needs to stop. Ruthless!
I often see people say this but Chelsea without Roman (assuming he doesn't actively attempt to destroy the club on his way out the door) would still be a richer club than us. Yeah they'd have to fire-sale to clear some wages but they'd be left with a decent wedge of cash, they'd be debt-free and they'd still be in London. I think even without Roman they'd be in a better spot than us, probably Spurs and maybe even the RS. It's not like Chelsea were City non-entity no-marks before they got their money -- they were around the top 4 even before he showed up.